Andromeda Metals Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share -0.00
Dividend & YieldN/A$ (N/A)
Beta 0.89
Market capitalization 217.7M
Operating cash flow -3.79M
ESG Scores unknown

Company description

Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. The company explores for halloysite, gold, and copper deposits. Its primary project is the Great White Kaolin project located in the Eyre Peninsula in South Australia. The company was formerly known as Adelaide Resources Limited and changed its name to Andromeda Metals Limited in December 2016. Andromeda Metals Limited was incorporated in 1993 and is based in Adelaide, Australia.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 1.9k 41.54k -1.85k 405.04k
Total Cashflows From Investing Activities -617.37k -1.06M -2.46M -4.28M
Net Borrowings -28.57k -28.57k -28.57k -73k
Total Cash From Financing Activities 1.87M 2.65M 4.87M 7.92M
Change To Operating Activities 7.51k 4.74k 17.34k 33.8k
Issuance Of Stock 2.09M 2.86M 5.17M 8.02M
Net Income -832.71k -1.11M -3.45M -6.44M
Change In Cash 592.88k 807.98k 1.33M 1.91M
Effect Of Exchange Rate
Total Cash From Operating Activities -659.04k -788.26k -1.08M -1.74M
Depreciation 90.64k 139.36k 437.8k 155.17k
Change To Account Receivables -17.53k -52.22k 13k -149.72k
Other Cashflows From Financing Activities -222.26k -210.46k -274.68k -25.06k
Change To Netincome -58.01k 119.37k 1.9M 4.26M
Capital Expenditures -775.65k -1.35M -3.23M -5.12M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -683.54k -1.04M -3.37M -6.44M
Net Income -832.71k -1.11M -3.45M -6.44M
Selling General Administrative 703.97k 824.18k 1.27M 2.18M
Gross Profit 31.26k
Ebit -855.69k -1.06M -4.03M -6.18M
Operating Income -855.69k -1.06M -4.03M -6.18M
Interest Expense
Income Tax Expense 149.16k 72.14k 81.97k 7.52k
Total Revenue 31.26k
Cost Of Revenue
Total Other Income ExpenseNet 172.15k 18.96k 668.92k -253.95k
Net Income From Continuing Ops -832.71k -1.11M -3.45M -6.44M
Net Income Applicable To Common Shares -832.71k -1.11M -3.45M -6.44M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 1.19M 1.45M 1.75M 3.13M
Total Stockholder Equity 5.17M 6.91M 10.93M 16.49M
Other Current Liabilities 230k
Total Assets 6.35M 8.37M 12.69M 19.62M
Common Stock 40.15M 42.88M 47.88M 56.98M
Other Current Assets
Retained Earnings -35.29M -36.41M -39.84M -46.28M
Treasury Stock 309.46k 439.8k 2.89M 5.79M
Cash 861.21k 1.67M 3M 4.9M
Total Current Liabilities 193.94k 456.46k 709.3k 1.21M
Other Stockholder Equity 432.38k 562.72k 2.94M 5.84M
Property, Plant, and Equipment 5.35M 6.45M 9.37M 13.39M
Total Current Assets 894.32k 1.79M 3.08M 5.76M
Net Tangible Assets 5.17M 6.91M 10.93M 16.49M
Net Receivables 33.11k 117.54k 85k 690.79k
Accounts Payable 193.94k 456k 626.27k 880.18k


Insider Transactions

Here are the insider transactions of stock shares related to Andromeda Metals Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Ranford (Joseph Frederick)D2022-07-22Director2M
Holzberger (Melissa Kate)D2022-06-30Director (Non-Executive)273.33k
Ranford (Joseph Frederick)Sale at price 0.05 per share.D2022-06-30Director725k
Wilkes (Michael Francis)Purchase at price 0.07 per share.D2022-06-02Independent Non-Executive Chairman773.2k
Ranford (Joseph Frederick)D2022-05-30Director3.5M
Ranford (Joseph Frederick)Purchase at price 0.09 per share.D2022-04-08Director85k
Wilkes (Michael Francis)Purchase at price 0.08 per share.D2022-04-07Independent Non-Executive Chairman1.7M
Marsh (James Edward)D2022-03-04Managing Director23k
Grivas (Rhoderick Gordon John)D2022-01-20Former15.09M
Marsh (James Edward)Sale at price 0.12 per share.D2021-11-22Managing Director730k
Marsh (James Edward)Exercise at price 0.01 per share.D2021-11-12Managing Director10.5M
Harding (Nicholas John)D2021-08-12Former4.67M
Grivas (Rhoderick Gordon John)Other at price 0.11 per share.D2021-07-27Non Executive Chairman97.46k
Harding (Nicholas John)Other at price 0.11 per share.D2021-07-27Director (Executive)97.46k
Shearer (Andrew Nicholas)Other at price 0.11 per share.D2021-07-27Director (Non-Executive)146.19k
Shearer (Andrew Nicholas)Sale at price 0.19 per share.D2020-12-01Director (Non-Executive)270k
Grivas (Rhoderick Gordon John)Sale at price 0.20 per share.D2020-11-30Non Executive Chairman448.6k
Grivas (Rhoderick Gordon John)Exercise at price 0.01 per share.D2020-11-27Non Executive Chairman10.25M
Shearer (Andrew Nicholas)Exercise at price 0.01 per share.D2020-11-27Director (Non-Executive)5.9M
Grivas (Rhoderick Gordon John)Exercise at price 0.01 per share.D2020-06-24Non Executive Chairman2.5M
Harding (Nicholas John)D2020-06-24Chief Financial Officer4.43M
Marsh (James Edward)Exercise at price 0.01 per share.D2020-06-24Managing Director2.5M
Shearer (Andrew Nicholas)Exercise at price 0.01 per share.D2020-06-24Director (Non-Executive)2.6M
Shearer (Andrew Nicholas)Other at price 0.03 per share.D2019-12-03Director (Non-Executive)402.58k
Grivas (Rhoderick Gordon John)Other at price 0.01 per share.D2018-12-03Non Executive Chairman2.7M
Shearer (Andrew Nicholas)Other at price 0.01 per share.D2018-12-03Director (Non-Executive)2.36M
Drown (Christopher George)Other at price 0.01 per share.D2017-12-07Director (Non-Executive)3.26M
Harding (Nicholas John)Other at price 0.00 per share.D2017-12-07Chief Financial Officer724k
Buckley (Jonathan Peter)D2017-10-27Former911.25k
Manly (Mark)D2017-06-30Former450k
Buckley (Jonathan Peter)Acquisition at price 0.01 per share.D2017-05-23Director (Non-Executive)261.25k
Drown (Christopher George)Acquisition at price 0.01 per share.D2017-05-23Managing Director2.17M
Harding (Nicholas John)Acquisition at price 0.01 per share.D2017-05-23Chief Financial Officer482.67k
Manly (Mark)D2016-06-30Divisional Officer100k
Buckley (Jonathan Peter)Other at price 0.01 per share.D2015-10-27Director (Non-Executive)100k
Drown (Christopher George)Other at price 0.01 per share.D2015-10-27Managing Director750k
Harding (Nicholas John)Other at price 0.01 per share.D2015-10-27Chief Financial Officer250k
Manly (Mark)D2015-06-30Divisional Officer250k
Harding (Nicholas John)D2015-02-23Chief Financial Officer371.78k
Buckley (Jonathan Peter)Other at price 0.02 per share.D2014-12-18Director (Non-Executive)50k
Hatcher (Michael Ivor)Other at price 0.02 per share.D2014-12-18Chairman of the Board50k
Buckley (Jonathan Peter)Acquisition at price 0.03 per share.D2014-12-03Director (Non-Executive)432.5k
Hatcher (Michael Ivor)Acquisition at price 0.03 per share.D2014-12-03Chairman of the Board350k
Hatcher (Michael Ivor)I2014-12-03Chairman of the Board
den Dryver (John J)D2014-11-25Retired115k
Buckley (Jonathan Peter)Acquisition at price 0.03 per share.D2014-11-07Director (Non-Executive)22.5k
den Dryver (John J)Acquisition at price 0.03 per share.D2014-11-07Director (Non-Executive)38.33k
Drown (Christopher George)Acquisition at price 0.03 per share.D2014-11-07Managing Director1.2M
Hatcher (Michael Ivor)Acquisition at price 0.03 per share.D2014-11-07Chairman of the Board50k
Buckley (Jonathan Peter)Purchase at price 0.03 per share.D2014-09-30Director (Non-Executive)45k
Harding (Nicholas John)D2014-06-30Chief Financial Officer108.47k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Andromeda Metals Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Andromeda Metals Limited

Here is the result of two systematic investment strategies applied to Andromeda Metals Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Andromeda Metals Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Andromeda Metals Limited:

Andromeda Metals Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2479.27% on the backtest period.

Performance at glance

Performance

2479.27 %

Latent gain

74379.83 $

Invested capital

3000.07 $

Annualized return

538.97 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Andromeda Metals Limited

This is the result of two momentum investment strategies applied to Andromeda Metals Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Andromeda Metals Limited

The following chart shows all the entries opened by the momentum investment system on Andromeda Metals Limited:

Andromeda Metals Limited momentum entries
  • The first momentum investment strategy would give 3750.64% of return on Andromeda Metals Limited. That represents 225032.55$ of latent gain with 5999.85$ of employed capital.
  • The second momentum investment strategy would give 3978.12% of return on Andromeda Metals Limited. That represents 188960.31$ of latent gain with 4749.99$ of employed capital.
Performance at glance (1Q Momentum)

Performance

3750.64 %

Latent gain

225032.55 $

Invested capital

5999.85 $

Annualized return

1884.62 %
Performance at glance (2Q Momentum)

Performance

3978.12 %

Latent gain

188960.31 $

Invested capital

4749.99 $

Annualized return

965.56 %

Momentum equity curve on Andromeda Metals Limited

The following chart shows the equity curve of the two momentum strategies applied to Andromeda Metals Limited:

Andromeda Metals Limited momentum equity

Note: the dividends potentially given by Andromeda Metals Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Andromeda Metals Limited

The following chart shows the employed capital evolution of the two momentum strategies on Andromeda Metals Limited since the beginning:

Andromeda Metals Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Andromeda Metals Limited

Buy the dip entry openings on Andromeda Metals Limited

Andromeda Metals Limited

The performance achieved by the robo-advisor on Andromeda Metals Limited is 4900.0%. That represents 24500.2$ of latent gain with 500.0$ of employed capital. The following chart shows Andromeda Metals Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Andromeda Metals Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

4900.0 %

Latent gain

24500.2 $

Invested capital

500.0 $

Annualized return

1884.62 %

Equity curve of the strategy applied to Andromeda Metals Limited

The following chart shows the result of the investment strategy applied to Andromeda Metals Limited:

Andromeda Metals Limited

Note: the dividends potentially given by Andromeda Metals Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Andromeda Metals Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Andromeda Metals Limited:

Andromeda Metals Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Andromeda Metals Limited

In this section, I will compare the three previous investment strategies applied to Andromeda Metals Limited.

Equity curve comparison on Andromeda Metals Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Andromeda Metals Limited investment strategy comparison

Employed capital comparison on Andromeda Metals Limited

Andromeda Metals Limited investment comparison

Performance comparison on Andromeda Metals Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2479.27% 74379.83$ 3000.07$ 538.97%
Momentum 1 quarter 3750.64% 225032.55$ 5999.85$ 860.24%
Momentum 2 quarters 3978.12% 188960.31$ 4749.99$ 965.56%
Non-directional 4900.0% 24500.2$ 500.0$ 1884.62%
Annualized return comparison

Automatic investment

538.97 %

Momentum 1Q

965.56 %

Momentum 2Q

965.56 %

Non-directional

1884.62 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Andromeda Metals Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Andromeda Metals Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Andromeda Metals Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Andromeda Metals Limited
Country Australia
City Adelaide
Address 431 King William Street
Phone 61 8 7089 9800
Website www.andromet.com.au
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker ADN.XASX
Market www2.asx.com.au

Andromeda Metals Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown